Economy News

FIPB abolished: Cabinet approves winding up of 25-year old Foreign Investment Promotion Board

FIPB abolished: Cabinet approves winding up of 25-year old Foreign Investment Promotion Board

The Union Cabinet on Wednesday approved the winding up of the 25-year-old Foreign Investment Promotion Board, which currently vets FDI proposals requiring the government approval.

GST impact on air travel to be marginal, says ICRA
GST impact on air travel to be marginal, says ICRA

Disallowance of input tax credit on inputs (excluding services) for economy class, finalised in the GST, is likely to put pressure on airlines, ICRA said.

Horoscope: By Peter Vidal

Today ( 24 May )This Week ( 21 May - 27 May )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more